That growth would be the wage inflation index as tracked by ABS.
http://www.abs.gov.au/ausstats/[email protected]/mf/6345.0/
currently running at around 2.7%
but in your time period, has been 3.2-3.4% Average until tapering off since 2012.
Suggesting you have lost over 20% of your buying power last 5 years due to those figures compounding since 2009.
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- no bubble. house prices will move higher
That growth would be the wage inflation index as tracked by...
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